How do identity thieves get loans?
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How do identity thieves get loans?
1. Your info could be used to open credit cards or take out loans. If hackers have your Social Security number, name, birthdate and address, they can open credit cards or apply for loans in your name.
What are 4 effects of identity theft?
69 percent reported feelings of fear related to personal financial safety. 60 percent reported anxiety. 42 percent reported fearing for the financial security of family members. 8 percent reported feeling suicidal.
Can someone go to jail for identity theft?
Identity theft in California can be charged as either a felony or a misdemeanor depending on (1) the defendant’s criminal history, and (2) the specific facts of the case. A person convicted of misdemeanor identity theft faces up to one year in county jail, a fine of up to $1,000, or both.
What is the minimum sentence for identity theft?
Committing identity theft can lead to significant incarceration. Aggravated identity theft is punishable by a mandatory minimum sentence of 2 years, which can increase based on the severity of the crimes. In rare cases, first-time offenders that didn’t inflict major harm can avoid jail time for identity theft.
What do I do if I am a victim of identity theft?
If you become a victim of identity theft, or even suspect that you might be a victim, take immediate action. Contact one of the credit reporting agencies’ fraud alert departments and place a fraud alert on your credit report. This prevents identity thieves from opening accounts in your name.
What is the easiest way for identity theft criminals to get your personal information?
Identity thieves can also obtain your personal information by stealing your wallet or purse. When this occurs, we recommend that you immediately contact credit card companies, bank, and credit bureaus to let them know of your situation.
Can someone steal my identity with my name and birthdate?
A lot of information that you share freely, such as your date of birth, phone number, ZIP code and email address, are very valuable to criminals. Think of how many accounts require you to verify your identity by entering in your birthday or your ZIP code before making a transaction.
What can a scammer do with my name and date of birth?
With your name, address and birth date in hand, scammers may be able to buy your Social Security number on websites that normally sell them to businesses conducting background checks.
